Harvesting Tomorrow: Tanmiah’s Strategic Leap in Saudi Arabia’s Agri-Food Renaissance

RIYADH — Under the patronage and attendance of His Excellency Eng. Abdulrahman Abdulmohsen AlFadley, Minister of Environment, Water and Agriculture, Tanmiah Food Company , one of the Kingdom's leading vertically integrated poultry and food producers, today announced the launch of two new facilities in the central region of Saudi Arabia: a state-of-the-art poultry processing plant in Al Majmaa (Majmaa 2) and a cutting-edge feed mill in Dahna. These additions complement Tanmiah's existing network of hatcheries, feed mills, and processing plants, reinforcing Tanmiah's commitment to advancing food security, enhancing operational efficiency, and supporting local communities with job creation and sustainable development initiatives.

The official inauguration ceremony was held at the Ministry of Environment, Water and Agriculture (MEWA) in Riyadh, in the presence of His Excellency Eng. Abdulrahman Abdulmohsen AlFadley, Minister of Environment, Water and Agriculture, along with esteemed dignitaries and distinguished guests, and was attended by His Excellency Amr Al-Dabbagh, Chairman of Tanmiah, Mr. Zulfiqar Hamadani, Group CEO, and a number of Tanmiah's Board Members and senior executives.

Strategic Investment and National Impact

Moreover, in pursuit of its vision to become the number one global halal sustainable healthy protein company by 2030, over the past two years, Tanmiah has invested over SAR 1.5 billion within the Kingdom, while also facilitating more than SAR 400 million in foreign direct investment into the agri-food sector, with the aim of increasing the pace of private investments in this sector through 2030. These efforts have strengthened Saudi Arabia's role as a regional powerhouse in food production and a vibrant hub for innovation, research, and product development across the industry.

Consequently, the new facilities represent a strategic investment in Saudi Arabia's agri-food sector, enabling Tanmiah to optimize production and deliver higher-quality products at scale. With Saudi Arabia's poultry projected to grow from USD 5.13 billion in 2025 to nearly USD 6.91 billion by 2030, Tanmiah's capacity expansion is set to play a vital role in meeting rising demand and enabling Vision 2030's food security objectives.

Innovation, Sustainability, and Community Benefits

For instance, Majmaa 2 is one of Tanmiah's most advanced sites. Built to international standards, it integrates the latest technology to optimize manufacturing and features advanced processing lines capable of handling large birds – a first of its kind in the Kingdom. It is equipped with a biological wastewater treatment system with a capacity of more than 6,000 cubic meters per day, recycling treated water for Tanmiah's tree plantations. Quality systems and plans are in place to power the site with renewable energy solutions, including solar panels. Majmaa 2 reinforces Tanmiah's competitive edge and strengthens partnerships with leading global QSR brands, including McDonald's Saudi Arabia.

Furthermore, the facility features a dedicated product innovation section producing award-winning value-added items, while the Dahna Feed Mill enhances the integrated model by supplying premium feed with a 40 metric ton per hour capacity. Together, these projects will create skilled employment, advance sustainability metrics, and support local communities, thereby advancing national objectives and positioning Tanmiah as a benchmark for excellence in the Kingdom.

The Manhattan of the Red Sea: Trump Plaza Jeddah’s Ambitious Urban Canvas

Project Overview and Strategic Importance

Trump Plaza Jeddah emerges as a landmark that will redefine urban living in Jeddah. Furthermore, the development responds to rising demand for integrated live-work-leisure environments by offering premium residences, serviced apartments, Grade-A office space, and exclusive townhouses. Consequently, investors and residents will find a coherent, mixed-use community that balances modernity with cultural context.

Jeddah’s strategic location along King Abdulaziz Road amplifies the project’s prominence. Moreover, the Central Park-inspired green spine will anchor the masterplan, bringing a Manhattan-like vibrancy to the city. As a result, Trump Plaza Jeddah will contribute significantly to the Kingdom’s evolving real estate landscape and international investment appeal.

JEDDAH, Saudi Arabia, - Dar Global , the London-listed international luxury real estate developer, has announced its second collaboration in Jeddah with The Trump Organization, and plans to launch Trump Plaza Jeddah. The project represents the second Trump-branded development in Saudi Arabia, following the launch of Trump Tower Jeddah in December 2024.

Strategically located along King Abdulaziz Road in the heart of the city, Trump Plaza Jeddah is valued at over USD 1 billion and will transform the skyline with a world-class mixed use community. The development will include premium residences, serviced apartments, Grade-A office space, and exclusive townhouses. At the center of the masterplan will be a Central Park-inspired green spine, a landscaped park running the length of the development, anchoring the residences and serviced apartments and bringing the essence of Manhattan to Jeddah.

Design Philosophy and Economic Impact

Designed to redefine urban living in Saudi Arabia, Trump Plaza Jeddah integrates living, working, and leisure into one seamless destination. It will feature offices adjacent to serviced apartments and premium residences, creating a community where people can live and work in one place. Thoughtfully designed home offices will be incorporated as an extension of private residences, while a premium retail courtyard and a curated mix of F&B concepts will enrich the lifestyle offering.

Eric Trump, Executive Vice President of The Trump Organization, commented: "We are honored to expand our footprint in Saudi Arabia with the Trump Plaza Jeddah. This project embodies our vision of excellence by blending world-class hospitality, modern living, and dynamic business environments. Together with Dar Global, we are creating a destination that will set a new benchmark for prestige and innovation in the Kingdom."

Ziad El Chaar, CEO of Dar Global, added: "Trump Plaza Jeddah is a pioneering concept in Saudi Arabia and one of the most ambitious developments Dar Global has undertaken to date. By combining residential, serviced, and office components with a Central Park-inspired landscape, we are delivering a unique lifestyle destination that reflects both Manhattan's vibrancy and Jeddah's strategic role as a cultural and commercial hub."

Trump Plaza Jeddah will become a defining destination for the Kingdom's evolving real estate landscape, further elevating Jeddah's role as a center for premium living and international investment. Consequently, the project promises sustained economic benefits, job creation, and an enhanced international profile for the city.

Youth-Led Architecture: A New Era for Oman at Expo 2025 Osaka

Spotlight on Oman's Architectural Renaissance

The Sultanate of Oman has garnered global attention in the field of architecture, especially regarding youth-led initiatives. His Highness Sayyid Bilarab bin Haitham Al Said, the Honorary President of the "Programme of Promising Omani Startups" (POPS), recently showcased this commitment during his visit to the Sultanate of Oman Pavilion at Expo 2025 Osaka, Japan. Assigned by His Majesty Sultan Haitham bin Tarik, HH Sayyid Bilarab emphasized the pavilion's design origins, crafted by a talented young Omani team that earned the prestigious Bilarab Bin Haitham Award for Architectural Design. This visit not only elevated the pavilion's status but also highlighted its role as a flagship example of how innovative concepts can transform into architectural masterpieces representing Oman on the global stage.

During the tour, HH Sayyid Bilarab engaged with curators and members of the award-winning team, delving into the pavilion's core thematic experiences, which elegantly encapsulate Earth, Water, and Humanity. He began his exploration at the Water Corridor, a unique feature that interconnects interior galleries with an outdoor plaza. This corridor pays homage to Oman's aflaj irrigation systems while offering shade, airflow, and reflective surfaces that create a thermal comfort zone. Further along, the Land and Water Hall presents an immersive film that vividly traces the biodiversity spanning from the Arabian Sea to the Hajar Mountains, thus reinforcing the thematic focus of the pavilion.

A Commitment to Youth and Sustainable Design

Sayyid Said bin Sultan Al Busaidy, Under-Secretary of the Ministry of Culture, Sports and Youth for Culture and Commissioner-General of Oman's participation, articulated that the pavilion serves as a testament to Oman's renewed renaissance. This renaissance prioritizes openness, cultural exchange, and youth creativity. Moreover, the commissioning of the pavilion through the Bilarab Bin Haitham Award signals a national confidence in young architects, affirming their capability to deliver projects that meet international standards while narrating Oman’s rich story through contemporary design.

Furthermore, during his visit, HH Sayyid Bilarab marked a significant milestone by signing the Expo VIP guest book and exchanging commemorative gifts with Japanese counterparts. He also visited the Japan Pavilion, where he was warmly welcomed by Director Noriyuki Kuroda. The backdrop of the Omani National Day celebration at Expo, complete with the national anthems of both countries and a performance by the Royal Cavalry Band, added a festive atmosphere to this momentous occasion.

The Bilarab Bin Haitham Award for Architectural Design remains a national initiative that elevates young Omani architects and designers, enabling them to work on real projects that serve local communities while representing Oman internationally. The pavilion at Expo 2025 Osaka stands as a striking demonstration of this model, embodying the nation’s commitment to nurturing youth-led creativity. With over one million visitors to date, the Sultanate of Oman Pavilion not only reflects strong international interest but also showcases the country's innovative spirit and dedication to sustainable design.

Foundations of Progress: Ashghal’s QR 12 Billion Vision for Qatar’s Future

The Public Works Authority’s recent announcement marks a decisive moment in Qatar’s infrastructural development. Moreover, these initiatives promise to strengthen road and drainage networks, upgrade public buildings, and elevate quality of life across the nation. Consequently, stakeholders and residents alike can anticipate measurable improvements in safety, sustainability, and operational efficiency.

The Public Works Authority ‘Ashghal’ announces the award of 13 new contracts worth 12 billion Qatari riyals, which aim to enhance the infrastructure of road and drainage networks and public buildings and improve the quality of life in Qatar.

Strategic Rationale and Governance

H.E. Eng. Mohammed bin Abdulaziz Al Meer emphasized that Ashghal's award of new contracts worth QR 12 billion represents a strategic step that enhances the sustainability and integration of infrastructure, consolidates Qatar's leadership in this field, and supports the national economy within the framework of Qatar National Vision 2030. Furthermore, the statement underscores alignment with long-term national objectives and economic resilience.

Eng. Khalid Saif Al Khayareen reiterated that the authority continues to implement its strategic plan to develop infrastructure services and public buildings in the country in response to the requirements of population growth and urban expansion, and in line with the state's aspirations and future vision. He explained that the new projects that were awarded include 6 key projects, including the construction and development of road networks and several educational, health, and service buildings in coordination with the relevant authorities in the country.

Operational Excellence and Technological Innovation

Eng. Ahmed Al Ahmad described how operation and maintenance contracts will improve management of road and drainage networks and ensure the sustainability of infrastructure assets, thereby improving service quality. He added that projects will employ high standards of quality and safety, and integrate cutting-edge technologies in operation and maintenance processes.

The contracts include infrastructure projects to develop road networks across the country, operation and maintenance of strategic roads in North and South Qatar, and adoption of intelligent transportation systems. In addition, the projects will deploy AI-based digital management platforms, self-driving vehicles for asset surveys, and laser detection systems to proactively address road defects. Thus, Ashghal positions Qatar to benefit from extended asset life, enhanced efficiency, and stronger resilience to climate and demographic pressures.

Focused Projects: Buildings, Drainage, and Highways

The program also advances drainage network operation and maintenance, scheduled to commence in Q1 2026, with emphasis on robots, drones, automation, digital twins, and enhanced EAMS integrated with BIM to predict faults and prioritize maintenance. Simultaneously, Ashghal will undertake four building projects, including three new schools, safety upgrades in 40 schools, refurbishment of the Psychiatric Hospital of Hamad Medical Corporation, and renovation of Al Zubara Horse Breeding Farm.

Additionally, highway projects such as the Al Mazrooah–Al Attoriya link and Al Karaana Road Development will expand connectivity, support local economies, and prepare zones for future urban development. Collectively, these measures demonstrate Ashghal’s comprehensive approach to infrastructure that balances innovation, safety, and sustainability while advancing Qatar National Vision 2030.

Pioneering the Future of Energy: A Strategic Alliance in Dubai

In the heart of the UAE's visionary landscape, a groundbreaking partnership is reshaping the energy sector. Seed Group, a prominent entity under the auspices of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has strategically aligned with Reactive Technologies to introduce innovative solutions focused on grid resilience and energy transition. This alliance signifies a significant commitment to enhancing the energy infrastructure in Dubai and across the UAE.

Reactive Technologies, established in London in 2010, stands as a beacon of innovation in Grid-Enhancing Technologies (GETs). Their patented GridMetrix® platform delivers unprecedented insights into grid stability, enabling system operators to make informed decisions. With accolades such as ‘Best Renewable Project of the Year’ at the UK Green Business Awards 2025, Reactive Technologies brings a wealth of expertise to the partnership. This collaboration not only offers direct access to governmental bodies across the MENA region but also ensures a cohesive effort towards achieving the UAE's ambitious Net Zero 2050 Strategy.

Empowering the Energy Transition: A Vision for Resilience

The partnership's implications extend far beyond immediate technological advancements. Hisham Al Gurg, CEO of Seed Group, emphasizes the importance of modern grid monitoring and stability solutions in supporting innovative growth. The integration of Reactive Technologies' platforms is set to elevate the capabilities of utilities and energy market participants in the region. As the UAE seeks to strengthen its renewable energy landscape, this partnership is poised to enhance interoperability and deliver actionable intelligence.

Marc Borrett, CEO of Reactive Technologies, echoes this sentiment, underscoring the significance of their collaboration in modernizing power systems. The implementation of the GridMetrix® platform in the UAE paves the way for precise, real-time measurements crucial for the safe integration of renewable energy sources and burgeoning data centre operations. As both entities converge their expertise, they not only bolster the country's energy resilience but also lay the groundwork for a sustainable and efficient energy future. This alliance exemplifies how strategic partnerships can drive innovation and facilitate a transformative shift towards greener energy solutions in the UAE and beyond.

Unveiling the Future: The Horizon Pro - Designed with Intelligence in Saudi Arabia

In the rapidly evolving tech landscape, the **Horizon Pro** emerges as a remarkable innovation designed with intelligence right here in Saudi Arabia. This cutting-edge device is tailored specifically for creators, coders, and power users, boasting **1 TB SSD storage** that provides enterprise-grade capacity. With such impressive storage, users can effortlessly manage vast amounts of data, ensuring their creative and technical projects are never hindered by insufficient space.

Moreover, the **32 GB RAM for high-performance** facilitates seamless multitasking. Users can switch between demanding applications without experiencing any slowdowns, thereby enhancing productivity. Transitioning from one task to another becomes a breeze, thanks to the device's robust specifications. Consequently, professionals can focus on their work without worrying about performance bottlenecks.

A Powerhouse of Features

The **Horizon Pro** is not just about storage and RAM; it also offers an exceptional **2.8K OLED 16:10 ratio** display. This stunning **14” AMOLED display** brings visuals to life, making it perfect for advanced analysis, research, and creative projects. Users will appreciate the vivid colors and sharp details, which enhance their overall experience. 

Furthermore, the device is powered by the **Qualcomm Snapdragon X Elite Family of Processors**, ensuring that it remains lightweight and fast while consuming less battery. Users can benefit from the **Windows on ARM**, which provides a lighter, faster operating system that optimizes battery usage. With **up to 18 hours of battery life**, the **Horizon Pro** enables users to power through their day without the need for a charger, making it an ideal companion for those on the go.

In addition to its performance capabilities, the **Horizon Pro** is equipped with a **Snapdragon® X Elite Neural Processing Unit (NPU)** that enables local AI capabilities. This feature allows for scalable power when tackling complex tasks, ensuring sensitive data privacy, security, and compliance with the Personal Data Protection Law (PDPL). Access to the latest models and real-time information further enhances its usability, making it an essential tool for professionals handling extensive knowledge. 

The **Horizon Pro** stands as a testament to Saudi Arabia's commitment to innovation and technology, designed for those who demand excellence in their devices. With its impressive features and capabilities, it promises to redefine productivity for creators and professionals alike.

Revitalizing Connectivity: A New Era for Damascus International Airport

In a landmark development for Syria, under the patronage of His Excellency President Ahmad Al-Sharaa, the nation has recently signed a memorandum of understanding (MoU) worth over US$4 billion with a consortium of five companies, led by Qatar’s UCC Holding. This ambitious project aims to redevelop and expand Damascus International Airport, which serves as a crucial gateway for international travel and commerce. Consequently, this initiative marks a pivotal advancement in Syria's reconstruction efforts and serves as a significant step towards boosting the country's economy, trade, and tourism sectors.

The memorandum not only emphasizes the importance of improving infrastructure but also illustrates Syria's commitment to enhancing global connectivity. As the airport undergoes redevelopment, it is expected to accommodate an increasing number of travelers, thereby promoting international relationships and stimulating local economic growth. Moreover, this initiative aligns with broader efforts to rejuvenate various sectors within the country, particularly energy and reconstruction, further solidifying the nation's vision for a prosperous future.

A Cornerstone of Economic Growth

Syria's partnership with Qatar’s UCC Holding and the consortium of companies reflects a shared vision for economic revitalization. The MoU signifies a commitment to modernize traditional infrastructures, ultimately facilitating trade facilitation and boosting tourism. As travelers flock to the newly redeveloped Damascus International Airport, local businesses stand to benefit considerably from increased foot traffic and international exposure.

Furthermore, this project is designed to create numerous job opportunities, providing much-needed employment in a country still recovering from years of conflict. The economic impacts will extend beyond the immediate area, promoting ancillary sectors such as hospitality, retail, and transportation. Therefore, the investment can be seen as a pivotal milestone in establishing a robust economic framework that encourages sustainable development for future generations.

In conclusion, the signing of this memorandum of understanding is a testament to Syria's resilience and determination to forge a new path. As the nation embarks on this transformative journey, the redevelopment of Damascus International Airport will play a crucial role in enhancing global connectivity and supporting the economic revival of the region. With strategic partnerships and a focus on infrastructure development, Syria is poised to reclaim its place on the world stage.

The plans for Damascus International Airport not only represent infrastructural enhancements but also embody the unity and collaborative spirit necessary for rebuilding a nation. With continued investment and unwavering commitment, the future of Syria looks increasingly promising.

A New Era in Luxury Living: The Launch of JW Marriott Residences in Dubai

In a significant development for the luxury real estate sector, CG Developers, the real estate arm of the multinational conglomerate CG Corp Global, has announced the launch of the first JW Marriott Residence in Dubai. This milestone event, which took place recently, featured the formal signing and unveiling of JW Marriott Residences at Dubai Islands, Central. Additionally, the occasion marked the reveal of CG Developers' new global logo, symbolizing a fresh chapter for the company. With deep-rooted connections to Nepal, the Chaudhary family has transformed CG Corp Global into Nepal's first multi-billion-dollar multinational conglomerate over the past century.

CG Developers Global, established in 1995, has built an impressive track record, developing over 2 million square feet of real estate and achieving sales exceeding $1 billion. As it continues to expand its global presence, this luxury residential project in the heart of Dubai Islands represents a new benchmark for ultra-luxury living. The collaboration with Marriott International not only enhances the appeal of the residences but also integrates CG Developers' real estate expertise with Marriott's renowned service. The development features 115 exclusive ocean-view residences, designed to offer seamless ownership alongside signature services and premium lifestyle privileges.

Elevating Luxury Living: The Vision Behind JW Marriott Residences

Rahul Chaudhary, Managing Director of CG Corp Global and CG Developers Global, expressed his enthusiasm for the project, stating, "Our upcoming development on the Dubai Islands is a milestone we are truly excited about, as it reflects and aligns with the vision of Dubai." This sentiment underscores the commitment to raising standards and pushing boundaries within the realm of luxury living. The JW Marriott Residences aim to provide thoughtfully designed living spaces that foster mindfulness and elevate everyday living, as noted by Sandeep Walia, Chief Operating Officer - Middle East & Luxury at Marriott International.

The event attracted a diverse array of corporate leaders and celebrities, including Stella Li, Executive Vice President of BYD Group, and Bollywood stars Sonakshi Sinha and Zaheer Iqbal. Their presence further emphasizes the significance of this development in the global real estate landscape. As Dubai continues to evolve as a dynamic residential market, the collaboration between CG Developers and Marriott International promises to redefine luxury living in the UAE, setting a new standard for future endeavors in the region.

Forging the Future: A Strategic Partnership in Digital Infrastructure

In a significant development for the digital landscape, **DOHA, Qatar** - Qatar Investment Authority ("QIA") and Blue Owl Capital Inc. ("Blue Owl") have forged a Strategic Partnership Agreement aimed at creating a comprehensive digital infrastructure platform. This initiative seeks to accelerate global compute capabilities, particularly for leading hyperscalers, amidst the rapid evolution of cloud computing and AI technologies. With both organizations bringing unique strengths to the table, this partnership has the potential to reshape the data infrastructure sector on a global scale.

QIA's contribution is particularly noteworthy, as it plans to launch a digital infrastructure platform backed by an impressive initial investment exceeding $3 billion in data center assets. This foundation will not only enhance the platform’s immediate capabilities but is also poised for significant growth over time. Moreover, QIA’s extensive experience in infrastructure and technology sectors, coupled with its global investment perspective, aligns harmoniously with Blue Owl's strategy of permanent capital. As Mohammed Saif Al-Sowaidi, CEO of QIA, aptly stated, "This partnership aligns with QIA's strategy to engage with leading global firms that are addressing the world's growing demand for data centers."

A Unified Vision for Global Data Connectivity

The partnership between QIA and Blue Owl signifies a unified vision for addressing the escalating demand for data storage and computational resources. As the digital landscape continues to expand, the need for robust data connectivity becomes increasingly critical. Doug Ostrover and Marc Lipschultz, Co-CEOs of Blue Owl, emphasized the importance of this collaboration, stating, “We are honored to partner with Qatar Investment Authority in advancing the global data center ecosystem.” Their commitment to innovation and resilient infrastructure aligns seamlessly with QIA's objectives, paving the way for a transformative impact on the industry.

Blue Owl's Digital Infrastructure strategy plays a vital role within its Real Assets platform, focusing exclusively on investing in mission-critical assets that support cloud and AI innovation. As of June 30, 2025, the strategy has successfully raised $39 billion in capital and invested in 104 facilities across 28 global markets. This extensive investment underscores the urgency of meeting the surging demand for data connectivity, thereby positioning both QIA and Blue Owl as leaders in the digital transformation journey.

The Strategic Partnership Agreement between QIA and Blue Owl marks a pivotal moment in the evolution of digital infrastructure. Through their combined expertise and resources, they aim to facilitate the next generation of technological advancement, ultimately shaping a more connected and data-driven world.

MemryX Expands Its Footprint in Saudi Arabia: A Commitment to Innovation and Local Talent

A Strategic Move Towards Vision 2030

On September 25, 2025, MemryX, a prominent U.S.-based semiconductor innovator specializing in AI acceleration, announced its expansion into the Kingdom of Saudi Arabia. This significant development builds on its strategic partnership with NEOM and its recent membership in the National Semiconductor Hub. MemryX is poised to enhance its investments in the Kingdom through initiatives focused on hiring, training, and fostering local innovation. The company’s official office in Riyadh, set to open in October 2025, underscores its intent to contribute to Saudi Arabia's Vision 2030, a blueprint aimed at diversifying the economy and reducing dependency on oil.

Furthermore, the Riyadh office will be spearheaded by industry veterans, including the General Manager and Vice President of Business Development & Strategic Partnerships. These leaders are tasked with establishing a development engineering team and a customer engineering team within the country, ensuring direct support for government, enterprise, and academic partners. This local presence not only enhances operational efficiency but also facilitates collaboration with various stakeholders, thereby promoting a robust ecosystem for innovation.

Empowering Local Talent and Driving AI Solutions

Keith Kressin, CEO of MemryX, emphasized the Kingdom's evolving status as a global hub for artificial intelligence and digital transformation. He remarked, "Our investments in the Kingdom reflect not only our belief in its vision, but also our commitment to empower local talent and deliver AI solutions that make communities safer, more secure, and more efficient." This perspective is critical as MemryX prepares for a series of impactful activities in Saudi Arabia, including hosting its Global Board Meeting in Riyadh, participating in the esteemed 2025 Future Investment Initiative (FII) conference, and sponsoring the Saudi AI & Edge Computing Hackathon.

The hackathon, scheduled for October 24–25 at Prince Sultan University, aims to provide Saudi engineers with hands-on experience utilizing MemryX's cutting-edge AI hardware and software solutions. By nurturing the next generation of AI engineers, MemryX not only accelerates the adoption of AI technologies but also deepens partnerships across government, academia, and industry. Through these efforts, MemryX is paving the way for a transformative shift in Saudi Arabia's technological landscape, ultimately contributing to a more innovative and prosperous future.

Pioneering Industrial Transformation: Ahmad Haydar Takes the Helm at Rockwell Automation in Saudi Arabia

In a significant development for the industrial landscape of Saudi Arabia, Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, has appointed Ahmad Haydar as the new country manager. This strategic move underscores Rockwell Automation's commitment to supporting the Kingdom's ambitious Vision 2030 initiative, which aims to transform Saudi Arabia into a global hub for advanced manufacturing and technology. Haydar, who boasts nearly 20 years of experience in the automation industry, will be based in Dammam and will report to Ediz Eren, the regional vice president for the Middle East, Türkiye, and Africa.

Haydar’s extensive background, including a decade spent at Rockwell Automation, equips him with the necessary skills to lead the company’s efforts in helping industrial organizations across the Kingdom harness the full potential of Saudi Vision 2030. "Ahmad's appointment reflects our deep commitment to supporting the Kingdom's industrial evolution," stated Eren. His leadership and technical expertise will be instrumental in guiding Saudi companies toward embracing smart manufacturing and digitalization, aligning with the transformative goals set forth by the Vision 2030 framework.

A Vision for the Future: Commitment to Innovation and Local Talent

As the newly appointed country manager, Ahmad Haydar expressed his enthusiasm for taking on this pivotal role during a transformative period for the Kingdom. He acknowledges the bold roadmap presented by Saudi Vision 2030 and emphasizes the importance of collaborating with customers to deliver innovative solutions that enhance efficiency, sustainability, and long-term growth. His vision aligns seamlessly with Rockwell Automation's mission to foster a culture of industrial innovation within the Kingdom.

Moreover, Haydar recognizes the significance of investing in local talent and partnerships. "Equally important is our commitment to supporting knowledge transfer and helping prepare Saudi national graduates for the world of industrial digital transformation," he remarked. This commitment not only strengthens the local workforce but also ensures that Saudi Arabia continues to advance in its quest for technological excellence, ultimately positioning itself as a leader in the global manufacturing arena. 

Ahmad Haydar's appointment heralds a new chapter for Rockwell Automation in Saudi Arabia. With his expertise and dedication, the company is poised to play a crucial role in the Kingdom's industrial evolution, driving forward the ambitious goals of Vision 2030.

Celebrating Design Innovation: The Inaugural d3 Awards in Dubai

A New Era for Emerging Talent in the MENA Region

On September 24, 2025, Dubai Design District (d3) announced an exciting opportunity for emerging designers and architects in the MENA region. As part of its Beyond a Decade of Design celebrations, d3 has launched the inaugural d3 Awards, aimed at recognizing and championing new talent within the vibrant and diverse design landscape of the Middle East. This initiative not only highlights the importance of innovation but also encourages fresh perspectives that can reshape our built environment. 

The d3 Awards will celebrate excellence in several aspects of design, including material exploration, human-centred approaches, and forward-thinking solutions. Entrants are invited to submit proposals focused on architecture, covering both interior and exterior spaces as well as immersive environments. The stakes are high, as the winner will receive a financial prize of AED 100,000, marking a significant milestone in their design career. 

Joining the Global Design Dialogue

Khadija Al Bastaki, Senior Vice President of d3, emphasizes the importance of such initiatives in fostering a creative ecosystem. “The d3 Awards mark a significant step forward in our journey of championing emerging talent,” she stated. This award serves as a platform to elevate the region's brightest minds and aligns with Dubai's Creative Economy Strategy and Design Sector Strategy 2033. By encouraging creative thinkers to reimagine the world through their design expertise, d3 reinforces its position as a global hub for design excellence.

Participants in the d3 Awards must be either graduating design students in their final year or designers with up to five years of professional experience. Applicants should be residents or citizens of the MENA region, and submissions are welcome from individuals, duos, or collectives of up to four members. This inclusivity ensures that a wide range of voices and ideas will be represented, enriching the creative dialogue within the region. The deadline for conceptual entries is set for October 17, 2025, making it essential for aspiring designers to prepare their submissions thoughtfully.

As part of Dubai Design Week, which takes place from November 4-9, 2025, shortlisted candidates will showcase their proposals at the d3 Architecture Exhibition. This event promises to attract architects, designers, and creative practitioners from around the globe, fostering an environment of collaboration and inspiration. Thus, the d3 Awards not only provide a platform for emerging talent but also contribute to a larger narrative of innovation and excellence in the design industry. For more information and to apply, interested individuals can visit [www.d3awards.com](http://www.d3awards.com). 

The d3 Awards represent a pivotal moment for the design community in the MENA region. By celebrating originality and practical design solutions, this initiative opens doors for future innovators and reinforces Dubai's status as a beacon of design creativity.

Pioneering Water Infrastructure: The Riyadh–Qassim IWTP Project

A Strategic Initiative for Sustainable Water Supply

The Saudi Water Partnership Company (SWPC) has made a significant stride towards enhancing the nation’s water infrastructure with the announcement of three bids submitted by private sector consortia for the Riyadh–Qassim Independent Water Transmission Pipeline (IWTP) Project. This initiative not only reflects a commitment to sustainable resource management but also indicates a proactive approach to meet the ever-growing drinking water needs of the Riyadh and Al-Qassim regions. Notably, the bidding consortia include reputable entities such as Al Jomaih Energy and Water Co. Ltd, Alkhorayef Water and Power Technologies, and Vision International Investment Company, among others.

This ambitious project, characterized by a transmission capacity of 685,000 cubic meters per day and an impressive pipeline length of 859 kilometers, stands as a testament to the Ministry of Environment, Water and Agriculture’s vision to interconnect various regions across the Kingdom. Furthermore, the inclusion of bi-directional flow capabilities ensures a reliable and sustainable water supply, thereby bolstering the overall water security in Saudi Arabia. 

Transforming Water Management through Innovative Solutions

The Riyadh–Qassim IWTP Project will not only feature extensive infrastructure but also innovative solutions aimed at reducing environmental impact. The project encompasses six strategic storage tanks in Riyadh, boasting a total capacity of 1,020,000 cubic meters, alongside 32 operational tanks along the pipeline route with a cumulative capacity of 571,000 cubic meters. Additionally, the integration of solar power solutions into the project design signifies a forward-thinking approach to carbon emission reduction while maintaining dependence on the national grid.

Tendered under a Build, Own, Operate, and Transfer (BOOT) model, this project has attracted significant interest, with 31 companies participating, including 19 Saudi firms. This heightened engagement underscores the importance of public-private partnerships in advancing infrastructure projects. As commercial operations are anticipated to commence in the first quarter of 2030, this initiative promises to not only enhance water supply but also contribute to the Kingdom’s economic diversification and sustainability goals.

Elevating Global Connectivity: The Sister Airport Agreement Between Hamad International Airport and Beijing Daxing International Airport

In a significant milestone for international aviation, **Hamad International Airport (DOH)** in Doha, Qatar, has formalized a Sister Airport Memorandum of Understanding (MoU) with **Beijing Daxing International Airport (PKX)** in China. This partnership, signed by **Hamad Al Khater**, COO of Hamad International Airport, and **Zhang Lin**, CEO of Beijing Daxing, stands as a testament to the growing cooperation between Qatar and China. Moreover, it promises to augment global air connectivity through Doha, positioning the city as a pivotal hub for travelers from both regions.

This agreement, inked at Beijing Daxing's state-of-the-art terminal, complements existing collaborations such as Qatar Airways' partnership with **China Southern Airlines** and the MoU between the **Qatar Civil Aviation Authority (QCAA)** and the **Civil Aviation Administration of China (CAAC)**. Collectively, these initiatives highlight the integral role of aviation in fostering economic growth, enhancing cultural exchanges, and responding to the increasing demand for travel. The synergy between these two airports not only enhances passenger experiences but also reinforces cargo flow, thereby contributing to the broader economic landscape of both nations.

A Vision for Future Collaboration

Under the framework of the MoU, **MATAR**, the Qatar Company for Airports Management and Operation, alongside **Beijing Capital International Airport Group Co., Ltd.**, will embark on various joint projects aimed at improving operational efficiency and enhancing service quality. This collaboration will prioritize advancements in technology, service design, and innovative practices, ultimately positioning both airports as leaders in hub excellence. The vision articulated by both parties aims to cater to the evolving needs of modern travelers while promoting Doha as a reliable gateway for Chinese tourists and businesses venturing into the Middle East.

Hamad Al Khater emphasized the importance of this partnership, stating, "This opportunity affirms Hamad International Airport's key role in driving aviation diplomacy and advancing Qatar's partnership with China." The commitment to building a strong aviation network, as articulated by Zhang Lin, further reinforces the shared aspiration to create a "golden channel" for airline networks and a "green corridor" for freight logistics. Such initiatives are pivotal in enhancing the global competitiveness of both airports and fostering deeper cultural ties between Qatar and China.

The Sister Airport agreement between Hamad International Airport and Beijing Daxing International Airport marks a progressive step towards reinforcing international air travel and cooperation. As both entities work together to navigate the evolving landscape of global connectivity, travelers can anticipate a wealth of opportunities that will emerge from this strategic partnership. The future of aviation looks promising, with Doha poised to become an even more significant hub for connecting Asia and the Middle East.

Building the Future: Alfaisal University’s Leap into 3D Construction Technology

Transforming Education with Cutting-Edge Technology

On September 22, 2025, Alfaisal University in Riyadh, Saudi Arabia, made a significant stride towards modernizing architectural education by acquiring an advanced 3D construction printer from the Australian firm LUYTEN 3D. This strategic investment aims to empower students and researchers in the Department of Architectural Engineering, providing them with practical experience in pioneering sustainable building solutions. Dr. Abdulrahman Ahmed Alymani, Chair of the Department, emphasized that this initiative forms part of a broader commitment to embedding emerging technologies within the university's curriculum and research framework.

This new technology will facilitate extensive research opportunities in areas such as digital fabrication and material science. Specifically, the inclusion of earthen and low-carbon materials into projects will help mitigate costs and environmental footprints while enhancing housing solutions in arid climates. The successful integration of LUYTEN's printer underscores a commitment to sustainability and aligns with the objectives outlined in Saudi Vision 2030, focusing on smart construction and urban development.

Fostering Sustainability in a Growing Economy

As Saudi Arabia embarks on innovative housing projects and large-scale 3D printing initiatives in cities like Riyadh and NEOM, Alfaisal University positions itself at the forefront of educational excellence in architectural engineering. The partnership with LUYTEN 3D aligns the university with climate-resilient construction practices, paving the way for the next generation of engineers and architects to participate meaningfully in national development. The recent inauguration of the new Civil Engineering Lab, co-hosted by Dr. Alymani and Assoc. Prof. Dr. Ahmed Mahil, CEO of LUYTEN 3D, further exemplifies the commitment to fostering practical learning experiences.

This acquisition not only empowers students but also contributes to a sustainable future in construction. As Alfaisal University continues to integrate advanced technologies into its educational framework, it anticipates producing innovative architects and engineers ready to tackle the challenges of tomorrow while upholding the principles of sustainability and efficiency. By bridging academic knowledge with real-world impact, Alfaisal University combats pressing global challenges and shapes the future of the construction industry.

A New Dawn for Iraq: Alkhorayef Industries Expands Horizons

Commitment to Iraq’s Growth

In a remarkable demonstration of its commitment to Iraq's industrial and agricultural development, Saudi Arabia’s Alkhorayef Industries Company recently inaugurated a new factory in Iraq. With an initial annual production capacity of 1,500 irrigation systems, this facility emphasizes Alkhorayef’s dedication to enhancing Iraq's food security and water sustainability. The establishment of this factory not only signifies investment in local industry but also illustrates a collaborative spirit aimed at addressing pressing agricultural challenges.

The inauguration ceremony took place in the presence of esteemed dignitaries. His Excellency Dr. Khaled Batal Al-Najm, Iraq’s Minister of Industry and Minerals, graced the event alongside the Deputy Ambassador of Saudi Arabia to Iraq. They were received warmly by Engineer Mohammed bin Abdullah Alkhorayef, Chairman of Alkhorayef Industries, who presented a comprehensive overview of the project. This gathering highlighted the importance of fostering cooperation between Alkhorayef Industries and the Ministry of Industry and Minerals, emphasizing shared goals for growth.

A Catalyst for Change

Furthermore, the launch of this factory represents a significant milestone in bolstering Iraq’s agricultural sector. By directly addressing the irrigation needs of farmers, Alkhorayef Industries establishes itself not only as a manufacturer but as a key partner in the country's long-term development strategy. The facility serves as a catalyst for technological advancement in irrigation practices, which can lead to improved crop yields and sustainable farming.

Moreover, this initiative holds promise for creating job opportunities within the region. As the factory begins its operations, local economies may experience revitalization through employment and training programs. Consequently, the ripple effects of this investment may contribute positively to the community, reinforcing the notion that sustainable industrial practices are essential for the progressive development of Iraq’s agricultural landscape. In essence, Alkhorayef Industries is paving the way for a brighter future while reaffirming its role as a trusted ally in Iraq's journey towards self-sufficiency and prosperity.

Rethinking Prop Firm Evaluations: A New Dawn for Traders in Dubai, UAE

The Challenge of Traditional Models

In the bustling financial landscape of Dubai, UAE, City Traders Imperium (CTI) is spearheading a transformative movement aimed at redefining how proprietary trading firms evaluate their traders. The conventional reliance on high-pressure, pass-or-fail challenges has come under scrutiny as it often leads to burnout and discouragingly low success rates among traders. A 2024 report by Swiset starkly illustrates this issue, revealing that nearly 80% of traders do not succeed in single-phase evaluations, and a mere 7% of those participating in challenges ever achieve a funded payout. These statistics underscore the urgent need for a paradigm shift within the trading industry.

CTI's approach is revolutionary. Rather than merely introducing another product or directly replacing traditional evaluation models, the firm is refining its methodology to emphasize long-term growth and consistent support. Martin Najat, Co-Founder of City Traders Imperium, aptly states, "The traditional pass-or-fail model sets up barriers to growth." By reimagining the evaluation process as a learning journey, CTI is not only addressing the performance hurdles that traders face but also the psychological fatigue stemming from the conventional challenge-based format.

A Journey Toward Sustainable Success

The shift in CTI's strategy reflects a broader change in trader sentiment, particularly as individuals increasingly seek sustainable careers in trading rather than merely chasing quick funding. Expectations around support, transparency, and mental resilience are rising, compelling firms to reconsider their evaluation frameworks. CTI is at the forefront of this movement, advocating for clearer performance tracking and enhanced educational resources that empower traders to improve over time, irrespective of whether they pass on their first attempt.

This innovative approach acknowledges the complex nature of trading as a discipline that requires time and dedication to master. CTI's model prioritizes the development of traders, offering a structure that fosters growth and resilience. While formal evaluations remain a part of the process, the firm emphasizes that the industry's future should focus on creating supportive environments that recognize the importance of continual learning. As more trading firms begin to explore tiered models and coaching, CTI stands out by leading the charge toward a more constructive and nurturing evaluation system.

City Traders Imperium's commitment to changing the narrative around prop firm evaluations signifies a promising future for traders in Dubai, UAE, and beyond. By focusing on long-term growth and support, CTI not only redefines success in trading but also champions the mental well-being of its traders. As the industry evolves, the emphasis on sustainable practices will undoubtedly pave the way for a new generation of successful traders.

Bridging Borders: The Emergence of Fintech in Riyadh

The Flourishing Fintech Landscape in Saudi Arabia

Riyadh, Saudi Arabia, stands at the forefront of a transformative era in the financial technology sector. As highlighted by Saudi Arabia's National FinTech Strategy, the Kingdom is rapidly establishing itself as the Middle East's fintech hub. With projections indicating that the fintech market will burgeon from USD 64 billion in 2024 to over USD 87 billion by 2029, the momentum is palpable. Currently, more than 200 fintech companies are operational within the Kingdom, positioning Riyadh as the natural destination for innovators seeking to make their mark in the region.

This burgeoning ecosystem is not limited to local enterprises; it also provides a fertile ground for international players. A notable example is Digital Zone, Iraq's fastest-growing digital commerce platform. Founded in 2020, Digital Zone has quickly garnered a significant user base, serving over five million active customers and processing more than 41 million orders. The platform's success underscores the potential for cross-border collaborations and the sharing of expertise within the region.

Digital Zone: A Beacon of Innovation and Growth

Amidst a backdrop of limited venture capital and a nascent entrepreneurial ecosystem in Iraq, Digital Zone has emerged as a beacon of success. It is among the first Iraqi platforms to achieve national scale and is now strategically exploring growth opportunities in Saudi Arabia. Saif Al-Mufti, the Founder and CEO of Digital Zone, recognizes the significance of this move. He states, "Saudi Arabia's fintech trajectory is unmatched in the region. For Digital Zone, connecting with this ecosystem is a natural step."

The company's recent participation as a strategic sponsor of Bridge Baghdad exemplifies this ambition. Organized by Value Makers Studio (VMS) and KAPITA Business Hub, and supported by Orange Corners Baghdad, the program held at the Center of Digital Entrepreneurship (CODE HQ) in Riyadh from September 13–15, facilitated meaningful interactions between Iraqi startups and Saudi investors, regulators, and ecosystem leaders. This initiative not only highlights the collaborative spirit between the two nations but also paves the way for future innovations and partnerships that could redefine the fintech landscape in the Middle East.

As Riyadh continues to rise as a fintech hub, opportunities for collaboration and growth will only expand. The presence of pioneering companies like Digital Zone serves as a testament to the region's potential and the possibilities that lie ahead in the world of financial technology.

Bridging Growth — Beehive and Themar Forge a New Chapter in Saudi SME Finance

Strategic Rationale and Regional Context

First, the strategic rationale behind this move is clear. Beehive’s decision to sign a non-binding offer letter with Themar reflects a deliberate effort to combine digital lending expertise with local regulatory credentials, thereby addressing persistent financing gaps for small and medium enterprises in Saudi Arabia. Consequently, stakeholders should anticipate improved access to timely, scalable funding solutions that complement Vision 2030’s economic diversification objectives.

Moreover, this partnership comes at a pivotal moment for private credit across the Middle East. As capital needs of SMEs expand, innovative fintech-enabled platforms can accelerate credit delivery while preserving compliance and risk discipline. Therefore, integrating Beehive’s technology with Themar’s Kingdom-based licensing will likely generate efficiencies and expand market reach.

Transaction Implications and Stakeholder Perspectives

RIYADH, Saudi Arabia, - Beehive, the Middle East's pioneering digital SME lending platform, has signed a non-binding offer letter with Themar, a licensed crowdfunding platform in the Kingdom of Saudi Arabia. This strategic move looks to officially establish Beehive as a regulated fintech lender in the Kingdom, significantly strengthening its presence in one of the region's most dynamic SME markets.

The proposed partial M&A, subject to regulatory approval, represents a transformative step for private credit in Saudi Arabia. By combining Beehive's proven digital lending technology and regional track record with Themar's regulatory foundation and local expertise, the new entity will be uniquely positioned to enhance access to SME financing in the Kingdom.

In addition, this collaboration aligns with long-term national priorities. Saudi Arabia’s Vision 2030 seeks to expand SME lending and reinforce private sector growth; accordingly, the combined platform promises fast, digital, and accessible funding as a scalable alternative to traditional banking channels. Thus, entrepreneurs and investors alike may benefit from expanded choice and enhanced capital flow.

Leadership Commentary and Forward Outlook

Pete Tavener, Co-Founder & Group CFO & COO, Beehive said: "This M&A will be a milestone not only for Beehive but also for the broader SME ecosystem in Saudi Arabia. By combining our capabilities with Themar's local presence and regulatory standing, we will be creating a powerful platform that will transform SME financing in the Kingdom and support Vision 2030."

Yousef H. Al Dabbagh, Co-Founder & COO, Themar, commented: "The partnership between Themar and Beehive is more than just a merger; it's a catalyst for advancing SME growth across Saudi Arabia. Together, we will deliver innovative, Shariah-compliant, and accessible financing solutions that enable businesses to grow and contribute to the Kingdom's economic transformation."

Finally, looking ahead, the combined entity should prioritize regulatory engagement, robust governance, and scalable risk-management frameworks. Consequently, by balancing innovation with prudence, the venture can drive meaningful impact for SMEs while supporting Saudi Arabia’s broader economic ambitions.

Subotiz: Revolutionizing Subscription-Based Payments at MONEY20/20 Middle East 2025

A Groundbreaking Introduction in Riyadh

In a significant development for the fintech landscape, Subotiz, an AI-powered growth and payments platform, made its regional debut at the highly anticipated MONEY20/20 Middle East 2025. This event, held from September 15 to 17 at the Riyadh Exhibition and Convention Centre, stands as the most influential fintech gathering in the region, attracting over 450 brands, 350 speakers, and 600 investors. Subotiz introduced its comprehensive infrastructure aimed at simplifying and optimizing recurring payment systems for subscription-based digital businesses, thus addressing a critical need in the market.

The platform's presentation underscored its innovative Merchant of Record solution, which features multi-gateway support and AI-driven automation. These advancements enable businesses to navigate the complexities of fragmented payment systems and stringent compliance requirements. Subotiz’s offering stands out as a unified hub that integrates cutting-edge technology, revenue optimization, and operational agility, enabling digital enterprises to scale confidently on a global scale.

Key Innovations Highlighted

During the event, Subotiz unveiled several key innovations that capture the essence of its mission. Firstly, the platform's AI-driven automation predicts customer churn, triggers renewals, and enhances overall retention rates. This feature is pivotal for businesses striving to minimize customer attrition and maximize lifetime value. Secondly, Subotiz introduced next-generation payment solutions, which encompass over 200 payment methods available in 28 languages. The incorporation of AI-powered routing ensures higher success rates for transactions, thereby streamlining the user experience.

Moreover, Subotiz's Smart Checkout offers fully brandable, conversion-optimized flows that work seamlessly across devices, enhancing customer engagement and satisfaction. The emphasis on compliance-driven growth further solidifies Subotiz's reputation in the market, as it addresses GDPR requirements and cross-border regulations effectively. With a presence in over 200 markets and a remarkable track record of processing more than 60 million cross-border payment orders, Subotiz is poised to redefine the landscape of subscription-based payment solutions.

Subotiz’s debut at MONEY20/20 Middle East signifies a pivotal moment for the fintech industry. As Jeff Li, the CEO of Subotiz, aptly stated, "We are proud to present a full-stack solution that empowers digital pioneers in SaaS, AI tools, Web3, and entertainment applications to grow faster and more securely." With its innovative offerings, Subotiz is not merely entering the fintech space; it is set to lead the charge toward a more efficient, AI-driven future for digital businesses.

Elevating Gender Equality: KONE's Commitment to Women in the Workplace

In the ever-evolving landscape of corporate responsibility, KONE, a global leader in the elevator and escalator industry, has garnered significant recognition for its unwavering commitment to diversity, equity, and inclusion (DEI). For the second consecutive year, KONE has been named one of the Top 10 Best Companies for Women in the Gulf, an esteemed accolade awarded by Avtar and Seramount. This recognition highlights KONE's dedication to creating an inclusive workplace where all employees, particularly women, are empowered to thrive, lead, and succeed in their careers.

KONE’s approach to diversity is not merely a corporate strategy; it is a fundamental aspect of its operational philosophy. The company’s RISE strategy 2025–2030 places people and culture at the forefront of its mission. By fostering a collaborative and inclusive environment, KONE positions itself as one of the most desirable companies to work for in the Gulf Cooperation Council (GCC) region. Maria Manzoor, People & Communications Director for KONE Middle East, Türkiye, and Africa, emphasizes that diversity and inclusion are integral to their daily operations and innovation efforts. Consequently, this recognition serves to reinforce KONE’s ongoing initiatives and inspires further growth in gender inclusivity within the organization.

A Vision for Gender Equity in the GCC

KONE's ambitious vision extends beyond recognition; it encompasses tangible goals aimed at achieving gender equity within its ranks. The company has set a global target of ensuring that 35% of director-level positions are held by women by the year 2030. This commitment demonstrates KONE's proactive stance in addressing gender disparities in leadership roles. In the GCC, the organization is implementing various initiatives, including mentorship programs, emerging leader tracks, and equitable recruitment practices. These programs are designed to empower women, providing them with the necessary tools and support to ascend to senior positions.

Loay Dajani, Managing Director for KONE Middle East, Türkiye, and Africa, articulates that this recognition as one of the Top 10 Best Companies for Women in the Gulf reflects KONE's dedication to its RISE strategy. By manifesting a workplace culture that prioritizes support and empowerment, KONE aims to create the best People Flow® experiences not only for customers but also for its employees. As KONE continues to invest in its workforce and cultivate an environment rich in equal opportunities, it plays a pivotal role in shaping a more inclusive and innovative future across the GCC and beyond.

KONE's recognition as a leading advocate for women in the workplace resonates deeply within its corporate ethos and strategy. By prioritizing diversity and inclusion, KONE not only enhances its organizational culture but also contributes to the broader goal of gender equity in the corporate landscape. As KONE pursues its ambitious objectives, it sets a valuable precedent for other companies in the region, proving that commitment to gender inclusion is not just a moral imperative but a catalyst for innovative growth and success.

Revolutionizing Remittances: Thunes and Barq Join Forces in Saudi Arabia

In a significant advancement for the digital finance landscape, **Thunes**, the Smart Superhighway to move money around the world, has partnered with **barq**, the rapidly-growing digital wallet in Saudi Arabia. This collaboration heralds the launch of barq's enhanced remittance services, enabling millions of consumers in the Kingdom to transfer funds seamlessly across borders. Through Thunes' trusted Direct Global Network, barq customers can now send money instantly, with transactions delivered in real-time to billions of mobile wallets and bank accounts worldwide. This innovative service not only strengthens barq's position as a leading mobile wallet in the region but also showcases the potential of digital wallets in facilitating international remittances.

The significance of this launch cannot be overstated. It comes in the wake of the partnership formed between Thunes and barq in 2024, which aimed to provide growth, expanded reach, and a consistently reliable service to Saudi customers. The Saudi Arabian remittance market, recognized as one of the largest globally, is undergoing remarkable transformation, spurred by the country's ambitious Vision 2030 program aimed at digitizing payments. By merging barq's local expertise with Thunes' extensive international network, this alliance aims to offer a best-in-class service that meets the evolving needs of consumers.

Empowering Customers with Innovative Solutions

Thamer Alharbi, Director of International Partnerships at barq, emphasized the importance of this collaboration, stating, "Our partnership with Thunes has moved from vision to reality." The successful launch of these remittance services empowers barq's customers with faster, more reliable transactions, enhancing the user experience and solidifying barq's role as the digital wallet of choice in Saudi Arabia. This initiative represents a critical step in the journey to deliver innovative and accessible financial services, with Thunes' trusted solutions playing a pivotal role in achieving this mission.

Furthermore, Ahmad Yaacoub, VP MENA and Country Head for the Kingdom of Saudi Arabia at Thunes, remarked, "We are proud to see our partnership with barq delivering impact at scale." This launch not only reaffirms their commitment to providing efficient and customer-focused payment experiences but also supports Saudi Arabia's vision for a digital-first financial ecosystem. By leveraging cutting-edge technology and strategic collaboration, Thunes and barq are poised to redefine the remittance landscape, making financial transactions simpler and more accessible for all consumers in the Kingdom.

Subsea7 Secures Key Contract: A New Chapter in Offshore Operations

In a significant advancement for the offshore oil and gas sector, Subsea7 recently announced the awarding of a major contract with Aramco, signifying a continued commitment to the development of critical infrastructure offshore Saudi Arabia. This project, executed under a long-term agreement (LTA) with the esteemed company, emphasizes the importance of strategic partnerships in enhancing global energy operations. With the scope encompassing engineering, procurement, construction, and installation (EPCI) of substantial infield and export pipelines, this contract not only highlights Subsea7's capabilities but also its role as a pivotal player in the region's energy landscape.

Furthermore, the project entails modifications to existing topsides alongside associated hook-up activities, underscoring the complexity and scale of operations involved. According to David Bertin, Senior Vice President for Subsea7 Global Projects Centre East, the initiation of project management and engineering phases at Subsea7’s offices in Saudi Arabia and the UAE indicates a robust start. The offshore activities are projected to commence in 2027 and continue into 2028, demonstrating a forward-thinking approach that prioritizes both efficiency and safety in execution.

Strategic Engagement: Building for the Future 

As work progresses, the collaborative relationship between Subsea7 and Aramco stands as a testament to the significance of strategic engagement in the energy sector. This project exemplifies a shared vision for sustainable development and operational excellence. By leveraging advanced technological solutions and expertise, Subsea7 aims to implement innovative methods that meet the demanding standards of offshore engineering. 

Moreover, this project marks another milestone in Subsea7's strategic journey, further entrenching its position within the Saudi Arabian market. As the energy landscape continues to evolve, Subsea7's commitment to quality and safety remains unwavering. The expectation is that this venture will not only enhance operational efficiencies but also contribute positively to the region’s economic fabric, paving the way for future collaborations and advancements in offshore technologies. 

The awarding of this contract to Subsea7 signals a promising initiative to bolster offshore capabilities in Saudi Arabia, positioning both Subsea7 and Aramco at the forefront of innovative energy solutions. The ongoing partnership is poised to achieve remarkable successes in the years ahead, ensuring a robust and sustainable offshore energy industry.

Pioneering a Sustainable Future: The Birth of Taqa in Palestine

In a landmark development for renewable energy in Palestine, a strategic coalition has emerged among three prominent institutions: Massader, the energy investment arm of the Palestine Investment Fund (PIF), the Arab Palestinian Investment Company (APIC), and the Bank of Palestine Group (BoP). This collaboration culminated in the signing of an agreement to establish Taqa, a pioneering company dedicated to advancing renewable energy initiatives. The agreement was signed by Mr. Iyad Joudeh, Chairman of PIF; Mr. Tarek Aggad, Chairman of APIC; and Mr. Hashim Shawa, Chairman of BoP, symbolizing a unified commitment to a sustainable energy future.

Driving Energy Independence through Renewable Initiatives

Taqa's mission is clear: to finance and develop medium- and large-scale clean energy plants that will significantly increase the share of renewable energy in Palestine’s domestic production. This ambitious endeavor aims to reduce reliance on energy imports, which have historically strained the national economy. By alleviating the financial pressures associated with electricity imports, Taqa is poised to create a direct, positive impact on the economy. As the project unfolds, it promises to enhance supply reliability and lower costs, ultimately easing the financial burdens of external dependence.

Moreover, the establishment of Taqa represents a strategic partnership that underscores the importance of investing in essential sectors such as energy. By fortifying energy infrastructure, Taqa will not only support industries like agriculture and trade but also strive to make energy more affordable and sustainable for all Palestinians. This initiative is a testament to the potential for renewable energy to serve as a catalyst for economic growth and self-sufficiency.

Partners' Commitment to a Sustainable Future

The commitment demonstrated by the partners is unwavering. Mr. Iyad Joudeh, Chairman of the Palestine Investment Fund, emphasized the importance of strategic investments in energy, stating, “Despite the complex economic and political challenges, PIF continues to pursue strategic investments. Renewable energy emerges as a national strategic choice, offering practical solutions to the challenges of energy security.” This sentiment resonates with the urgency of developing a resilient economy that can withstand external pressures.

In addition to Mr. Joudeh's remarks, Mr. Tarek Aggad of APIC articulated the necessity of investing in renewable energy as a national obligation. He remarked, “Palestine has a strong potential in solar energy… we aim to transform our natural resources into productive projects that generate added value and create jobs.” This partnership not only seeks to harness local resources but also aspires to drive social and economic development across the region.

The establishment of Taqa marks a significant milestone in Palestine's journey toward energy independence and sustainability. By aligning the efforts of leading Palestinian institutions, this initiative reflects a shared vision for a cleaner, more resilient energy future that benefits the entire society. With a focus on renewable energy, Taqa is set to deliver long-term economic, environmental, and social benefits, paving the way for a brighter tomorrow for Palestine.

A Landmark Achievement: Dar Global PLC's Transition to the UK Financial Conduct Authority

In a significant development in the realm of international finance, Dar Global PLC, a Saudi-born luxury real estate developer, proudly announces the completion of its transition from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category of the Official List of the UK Financial Conduct Authority (FCA). This momentous shift, effective from 08:00 BST on September 8, 2025, not only underscores Dar Global's commitment to excellence but also marks a historic milestone as the first Saudi Arabian company—and the first from the wider Middle East—to achieve such a transition on the London Stock Exchange's Main Market.

The implications of this transition extend beyond mere categorization. It encapsulates the evolution of Dar Global from its origins in Saudi Arabia into a prominent international player, reflecting the Kingdom's ambition to cultivate enterprises that can compete on a global scale. This strategic move aligns seamlessly with Saudi Arabia's Vision 2030, highlighting the Kingdom's capacity to nurture homegrown companies that adhere to the highest international standards, while simultaneously contributing to the global economy.

A Testament to Vision 2030

Dar Global's CEO, Ziad El Chaar, eloquently articulated the significance of this transition, stating, "Dar Global was born in Saudi Arabia and has grown into a company that represents the Kingdom on the world stage." His words resonate deeply with the ethos of Saudi Vision 2030, which aims to diversify the economy and promote the growth of local enterprises. The transition serves as a beacon of hope for other Saudi companies, demonstrating that they can not only thrive in international markets but also play a pivotal role in advancing national ambitions.

Moreover, Dar Global's collaboration with Rothschild & Co as its sole sponsor and financial adviser further underscores the importance of this achievement. This partnership, leveraging Rothschild's global expertise, has been instrumental in ensuring a smooth transition, thereby reinforcing Dar Global’s position as a leader in the luxury real estate sector. As the company continues its mission of bringing Saudi innovation and excellence to international markets, it simultaneously strengthens its unique identity while expanding its global reach.

The transition of Dar Global PLC marks a significant milestone not only for the company but also for the broader Saudi business landscape. It stands as a testament to the Kingdom's aspirations, showcasing the potential of Saudi enterprises on the world stage. As Dar Global embarks on this new chapter, it embodies the spirit of ambition and excellence that defines Saudi Arabia's future.

The G700 Media Night: A New Era in Luxury SUVs Unveiled in Dubai

Introduction to a Groundbreaking Event

On September 10, 2023, JETOUR made a significant mark in the automotive industry by hosting the G700 Media Night at Dubai's iconic Armani Hotel. This event not only celebrated the overseas debut of the "All-terrain Premium Hybrid SUV," the G700, but also showcased the brand's commitment to innovation and luxury. Guests had the opportunity to experience the G700 first-hand, engaging with its stunning design and advanced features. As the night progressed, a spectacular light show illuminated the Burj Khalifa, projecting JETOUR's logo and the G700 high above the dazzling Dubai skyline, leaving an indelible impression on all attendees.

This grand unveiling highlighted the G700's exquisite off-road aesthetic, which draws inspiration from the majestic terrain of the Himalayas. The rugged lines and surfaces of the vehicle echo the sharp contours and continuous ridges of Himalayan peaks, giving it a strong and distinctive presence. The bold front design, reminiscent of a mountain pass braving harsh blizzards, exudes a sense of grandeur and power, perfectly mirroring the spirit of the Himalayas.

A Closer Look at the G700's Design and Features

At the event, Mr. Andrew, JETOUR's Design Vice President, shared insights into the model's inspiration. He emphasized that the G700 aims to transcend the traditional concept of a vehicle; it aspires to be a symbol of spirit and adventure. By translating nature's magnificence into its design, the G700 offers drivers a sense of true power and freedom. This philosophy resonates throughout the vehicle, from its exterior design to its interior ambiance.

Stepping inside the G700, one immediately notices the premium atmosphere that envelops the cabin. The centerpiece, a 15.6-inch central control screen, combines user-friendly functionality with advanced technology. Additionally, a specially designed Qibla compass serves the regional needs of Middle Eastern customers, blending practicality with cultural significance. Enhancing the passenger experience, the second-row 17.3-inch HD entertainment screen creates a home theater ambiance, while the rear 8.88-inch climate control touchscreen allows for independent temperature management. These thoughtful design elements ensure that the G700 provides a comfortable and luxurious environment for all occupants.

As JETOUR prepares for the official launch of the G700 in the UAE this November, expectations run high. The G700 Media Night not only underscored JETOUR's commitment to entering the global premium hybrid off-road market but also garnered considerable attention from both Middle Eastern and international media. Guests left the event buzzing with excitement about the G700's striking design and premium features, setting the stage for what promises to be a remarkable addition to the luxury SUV segment.